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Six-Bay Auto Shop
For Sale
Contact for pricing
Pending

2929 Bay Rd, Saginaw, MI 48603

Automotive service facility occupied under an Absolute NNN lease with renewal options and scheduled rent increases.

Property Size7,750 SF
Lot Size0.41 Acres
Days on Market144

Property Features for 2929 Bay Rd

General Information

Standard status Pending
Size 7,750 SF
Lot size 0.41 Acres
Property subtype Retail
Occupancy 100%

Site & Location

Traffic Count 29,300 vehicles/day
Highway Access Yes
Road Access Yes

Additional Details

Service Bays 6

Building Details

Year Built 1974
Buildings 1
Tenancy Single
Abandoned No
Listing Agency: Marcus & Millichap - Jacksonville
Listed By: Peter Catanzaro · License #FL: SL3410563
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 3:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Jacksonville

Investment Insights

Based on property information with market context.

The property is a 7,750-square-foot automotive service building constructed in 1974 and configured with six service bays. It occupies approximately 0.41 acres and operates as a Tuffy Tire & Auto Service Center. The lease is structured as Absolute NNN, assigning landlord responsibilities to the tenant, and includes a 10-year base term that commenced June 1, 2023, followed by two five-year renewal options. Contractual rent increases of 7.5% occur every five years.

Located on Bay Road in Saginaw, the site is less than 2.5 miles from I-675, which connects with I-75. Bay Road and neighboring Weiss Street carry approximately 29,300 +/- vehicles per day. Nearby retailers include Walgreens, O'Reilly Auto Parts, Family Dollar, McDonald's, and 7-Eleven, placing the facility among established retail and industrial uses.

Key Highlights

  • 7,750‑square‑foot automotive service building with six bays
  • Approximately 0.41‑acre site on Bay Road in Saginaw, MI
  • Absolute NNN lease with zero landlord responsibilities

Property Analytics

Current Use

Tuffy Tire & Auto ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Restaurant Law Firm Building Supply Real Estate Agency Dental Office Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Service bays
29,300 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

552
Businesses Nearby
121k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 59% Dining 41%
McDonald's Dining
32,267 visits/mo 0.3 miles
7-Eleven Shops & Services
15,899 visits/mo 0.1 miles
Taco Bell Dining
10,201 visits/mo 0.0 miles
Dollar General Shops & Services
7,873 visits/mo 0.5 miles
Fast Eddie's Car Wash & Oil Change Shops & Services
7,790 visits/mo 0.2 miles

Demographics for 48603, MI

27,492
Population
13,367
Households
2.1
Avg Household Size
43
Median Age
37%
College-Educated
94%
High-School Grad
18.2 sq mi
ZIP Area
1,511
Density / Sq Mi
$65,690
Median Household Income
$41,661
Median Earnings
$1,019
Median Rent
$181,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Astro Service Center - Saginaw 2775 Bay Rd, Saginaw, MI 48603
  • Aj Auto Repair & Exhaust 2725 Bay Rd, Saginaw, MI 48603
  • Tires on the go 2714 Bay Rd, Saginaw, MI 48603
  • Discount Mufflers & Brakes 2714 Bay Rd, Saginaw, MI 48603
  • Monro Auto Service And Tire Centers 2851 Bay Rd, Saginaw, MI 48603

Frequently Asked Questions

What type of property is this?
Auto shop - Automotive service facility occupied under an Absolute NNN lease with renewal options and scheduled rent increases.
Where is this auto shop located?
The property is located at 2929 Bay Rd Saginaw, MI.
What are key features of this property?
This property features: 7,750‑square‑foot automotive service building with six bays; Approximately 0.41‑acre site on Bay Road in Saginaw, MI; Absolute NNN lease with zero landlord responsibilities
(904) 672-1431 Call to check price and availability
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